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Nine.com.au·3 min read·medium

IMF downgrades economic growth forecast for Australia

Y
Yashee Sharma
IMF downgrades economic growth forecast for Australia
AI Summary

The IMF has downgraded Australia's economic growth forecast to 1.9% for this year, citing global pressures including conflict in the Middle East. While the government defends the economy's performance relative to G7 nations, reports indicate a significant decline in living standards and real wages.

- 3.53am . First published at 2.28am

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IMF downgrades economic growth forecast for Australia — Headlinne — headlinne